House For Sale Wylam, NE41

£325,000

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Last Updated: 18th April 2024

Description

LOCATION
The subject property is located within the sought after Tyne Valley lying between the village of Wylam (3 miles to the north) and the town of Prudhoe (2 miles to the west). Newcastle upon Tyne is approximately 10 miles to the East.

DESCRIPTION
The sale of land at Bradley Hall offer the potential to acquire a well located and conveniently sized block of bare agricultural land. Currently the land forms the productive heart of an agricultural holding and would do the same again for any farmer wishing to add land to an existing business. Its accessibility and scale ensures that it would be a convenient addition to an existing business and could be farmed as part of a satellite operation. The nature of the land does offer scope for arable cropping whilst also offering a variety of alternative uses and investment opportunities.

The land as a whole totals approximately 38.52 acres (15.58 ha) of productive Grade 3 agricultural land. The land is currently sown to grass, having been recently reseeded and comprises of predominately loamy and clayey soils which are typically associated with grassland and cereal production. The land in the main is flat albeit in parts is gently undulating and ranges from 50m to 60m above sea level. The fields are well sized and open which are ideal for arable cropping. Moreover, the land´s excellent access to the A695 ensures that it is highly accessible for large agricultural machinery to complement any commercial farming operation.

There is mains water running nearby the land, which benefits from stock proof boundaries, being post and wire fences and/hedges. The hedgerows provide welcome environmental and amenity benefits as well as providing shelter.

Aside from the land´s current use being productive grassland and its potential arable use; the location and nature of the land lends itself to a variety of alternative uses. For example the land is currently sown to grass and with hedgerows present, this does offer potential for any buyer to capitalise on any environmental schemes, be them via public (government) funding or via a private scheme such as biodiversity net gain, the lands proximity to major towns and developments does suggest that this would be a possibility, subject to the buyers´ further investigations. Following in the same vein, the land´s location and accessibility does suggest the potential for future residential development. Any potential should be judged by the buyer, however this \"hope\
Agent Details
Youngs RPS Limited
Priestpopple Hexham NE46 1PS
Show Contact Number
01434 608 980

Investment Analysis

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Property Forecaster are working in partnership with Midland Mortgage Bureau Limited. Midland Mortgage Bureau Limited is an appointed representative of The Right Mortgage Ltd, St Johns Court,70 St Johns Close, Knowle, B93 0NH, which is authorised and regulated by the Financial Conduct Authority. Midland Mortgage Bureau Limited financial Services Register number is 756490. The Right Mortgage Ltd Financial Services Register number is 649443.
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